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Several years ago, with sophisticated cyberattacks on the rise, my colleague Joe Patrice issued this warning to law firms across the country: “The ransomware attack on your firm is coming and you’re probably not prepared.” Did anyone listen to him? Unfortunately, it doesn’t seem like it.
Three top Biglaw firms were recently targeted in a global cybersecurity incident that’s affected more than 50 global corporations and banks, as well as more than 16 million individuals.
Kirkland & Ellis, K&L Gates, and Proskauer Rose — all top 50 Am Law firms — were victims of the ransomware group known as CL0P’s latest data heist. The American Lawyer has additional details:
The hacker’s website was updated throughout June with additional names of organizations whose information hackers claim to have acquired for ransom. Most recent updates from this week revealed that some of the largest law firms in the world were not immune to the attacks.
The group behind the attack, also known as TA505, reportedly began exploiting a vulnerability in file transfer software known as MOVEit, developed by Progress Software, in May, the U.S. Cybersecurity & Infrastructure Security Agency said in a post this month.
“If Kirkland & Ellis Can’t Avoid Cyberattacks,” mourned the American Lawyer in another headline earlier this week, “Who Can?” If anything, this just goes to show that even the most profitable law firms are not invincible, nor are they “immune” from cybersecurity incidents.
Save yourself and your firm from becoming the next embarrassing headline and take steps now to secure your data.
If Kirkland & Ellis Can’t Avoid Cyberattacks, Who Can? [The American Lawyer]
Kirkland & Ellis, K&L Gates, Proskauer Rose Affected in Wide-Ranging Data Hack [The American Lawyer]
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
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